HSBC Bank PLC, UniCredit Bank Austria AG leave Concern Kalina

The Russian cosmetics manufacturer Concern Kalina now has new stockholders: HSBC Bank PLC, which used to own a 7.08% shareholding in the business, UniCredit Securities International Ltd, with its 8.72% shareholding, and UniCredit Bank Austria AG, whose shareholding amounted to 10.72%, are no longer the cosmetics company’s shareholders.

In addition, Kalina Finance reduced its stake in the business from 12.72% down to 3.59% and Renaissance Securities (Cyprus) Limited reduced its share from 19.89% to 7.98%.